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Flashcards in Relevant case law Deck (4)
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1

How can relevant case law assist?

Relevant cases used to help a court make a judicial decision

2

Where might you find relevant case laws?

RICS has an online library of recent and relevant court decisions on Landlords and Tenants

3

What case law can you think of in relation to margin of error for a valuation?

Permissible range allowed by courts is between 10% and 15% (e.g. in valuation)

Leading case = Singer and Friedlander v John D Wood & Co (1977) - stated that the margin of error can be 10% either side of the ‘right’ figure

Also reinforced in K/S Lincoln and others v CB Richard Ellis (2010) valuation of 4 hotels 2005

4

What case law can you think of in relation to bribery?

In 2016, SWEET GROUP were prosecuted for a bribe offered to a Middle Eastern Business in order to secure a contract - fined £1.4m by Serious Fraud Office and £250k by RICS